Electronic Flight Bag Market 2024 Outlook: Many Positive Catalysts Ahead
According to
HTF Market Intelligence, the global Electronic Flight Bag market is valued at USD 3.39 Billion in
2023 and estimated to reach a revenue of USD 2.5 Billion by 2030, with
a CAGR of 6.29% from 2023
to 2030.
Electronic
Flight Bag Market Overview
The Electronic Flight Bag (EFB) Market
refers to the sector of the aviation industry that involves the development,
production, distribution, and use of electronic devices and software
applications designed to replace or complement traditional paper-based
materials and tools used by pilots and flight crews during flight operations.
EFBs are used to enhance the efficiency, safety, and situational awareness of
flight operations.
Some of the companies listed in the study from the complete survey list
are Astronautics Corporation of America (United
States), Boeing. (United States), Thales (France), Honeywell International Inc.
(United States), Ramco Systems. (India), Viasat, Inc. (United States), Teledyne
Technologies (United States), SITA (Switzerland), CMC Electronics (Canada), DAC
International, Inc. (United States), Collins Aerospace (United States),
Flightman (Ireland), Universal Avionics Systems Corporation. (United States),
Anuvu (United States), Bytron (United Kingdom), Ultramain Systems, Inc. (United
States), IFS (Denmark), Apprimus Informatik GmbH (Switzerland), Smart4Aviation
Technologies B.V. (Netherlands), Information Dynamics LLC (United States),
Skypaq. (Ireland), Lufthansa Systems (Germany), Scandinavian Avionics A/S
(Denmark), AvSoft Australia Pty Ltd. (Australia), Others
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·
Market Trends
Increased adoption by airlines
Development of new EFB
applications
·
Market Drivers
Increasing demand for
safety and efficiency
Advances in technology
·
Market
Opportunities:
Development of new technologies
Expansion into new markets
Electronic Flight Bag Market Segmentation
The Electronic Flight Bag Market is Segmented by Global
Electronic Flight Bag Market Breakdown by Application (Flight Crew Operating
Manuals, Static or Dynamic Electronic Charts, Planning, Zooming, Scrolling) by
Platform (Commercial Aviation, Business and General Aviation, Military
Aviation) by Component (Hardware, Software) by End Use (OEM, Aftermarket) and
by Geography (North America, South America, Europe, Asia Pacific, MEA)
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